News
-
SBP cuts coupon rates of all three maturity PIBs
KARACHI (December 17 2002) : The State Bank of Pakistan on Monday has slashed the coupon rates of Pakistan Investment…
-
SECP allows Abamco to launch first Islamic Fund before December-end
KARACHI (December 17 2002) : The Securities Exchange Commission on Monday allowed ABAMCO Limited to launch the country's first Islamic…
-
Fuel oil prices raised by 9.9 percent
KARACHI (December 17 2002) : Pakistan's oil marketing companies raised prices of fuel oil by as much as 9.9 percent…
-
Probe into increase in duty drawback rates for textile industry begins
ISLAMABAD (December 17 2002) : Taking prompt action to rectify the irregularities pointed out by Auditor General, the tax authorities…
-
CBR to start legal action against sugar mills for further tax
ISLAMABAD (December 17 2002) : The Central Board of Revenue (CBR) has decided to initiate legal action against the owners…
-
SEC bars 3 former WorldCom accountants
WASHINGTON — The Securities and Exchange Commission has barred three former WorldCom Inc. accountants from working in that capacity because…
-
Sentencing of Andersen Auditor Delayed
HOUSTON –– A federal judge has postponed the sentencing of Arthur Andersen LLP's former top Enron Corp. auditor for the…
-
Survey: Internet Use for Financial Transactions Widespread
BETHESDA, Md., Dec. 14, 2002 — Nearly all treasury and finance professionals in a recent survey conducted by the Association…
-
Plan chalked out to achieve Rs 108.75 billion sales tax target
ISLAMABAD (December 16 2002) : A new action plan has been chalked out to achieve sales tax target of Rs…
-
Central bank may cut coupon rate: 5-, 10-year PIBs yields at lowest
KARACHI (December 16 2002) : The yields on 10-year and five-year Pakistan Investment Bonds in the debt market are at…
